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Lithium Carbonate Prices Halved in Six Months, Market Remains Divided
On November 5, the main lithium carbonate contract rose by 6.29% during trading and closed up 3.64% at 91,580 yuan/ton. After a multi-day decline, prices have already halved from their year-to-date highs. The current market remains sharply divided; bulls believe lithium prices are likely to rebound soon, while bears argue that prices still need to bottom out.
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